No even for buy and hold investors. The best investors get only 55% of the bets right. Only a little better than a coin toss. The only reason the performance for them is better than the 55% metric would suggest is because they cut losses on losers early and push on winners.
You are right that position sizing is important but for the opposite reason. Knowing your winners and then full on concentrating in them is statistically a big part of what makes successful winners.
Not at all. If Murmansk's importance causes Finland to be strategic then what about Crimea? Turkey blocks Russia's warm water sea access. Much more important for Turkey to be in NATO than Finland purely on the basis of geography.
People going after people for unpopular opinions is a society problem. Did that happen in the US or Europe before Twitter? It did not.
I see this touted a lot. But supporting trolls to spread disinformation online isn’t protecting free speech. Free speech protection comes from society and it’s laws. Not anonymity.
I was in the “libertarian” camp on this. But now looking at all the damage caused (including killings in India on false social media rumors) I certainly think “mainstreaming of social media” is warranted.
For one remove anonymity from social media. That in itself should clean up half this mess with existing laws.
I could literally not use any indentation and the machine would still understand me. Not sure how they matter for machines?
They do matter for humans though. The reason we write code and structure it the way we do is for human convenience. One of those conveniences is thinking of the layout of code as a visual help to scan and read it. As such I am very much organizing my code like a graphic designer would organize information.
Edit: Indentations do matter in some languages and used to signify information. But not in a lot of them. The point still stands that most of the time we are using them for visual purposes not information to the compiler/interpreter.
How about all whitespace should be represented by one character to reduce ambiguity. I shouldn't have to figure out if 'l' is 'ell' or 'eye'. Same way I should not have see visually whitespace and wonder if it's tab or space. One visualization, one ascii representation.
They don't. Whatsapp degrades image/video quality massively. Just a choice they made given that a lot of their customers are bandwidth constrained. If I have to send a photo that I took with my high quality phone camera, I prefer to use iMessage.
Interesting. In my very limited understanding I have a very opposite view, specifically around Justice Thomas.
If you read pdonis’s reply to your parent, you will see that Thomas was rather correct in the way law should have applied in this case. I find that in the limited few of few cases I have read , I politically like the judgement made but I identify more with how Thomas thought about the case.
Really fascinated by the American legal system. In some ways really elegant and so much better than the legal system in my own country.